Blogging Options: CBOE Mid-day Update

BB&T (BBT) is recently up 16c to $30.55 after the board of BB&T declared a 2Q12 dividend of 20c per share, a 4c increase from the 16c dividend previously announced for Q2 on Feb. 21. Overall option implied volatility of 24 is below its 26-week average of 33.

State Street (STT) is recently up 83c to $44.70 after the board approved a $1.8B repurchase program. Overall option implied volatility of 26 is below its 26-week average of 33.

BNY Mellon (BK) is recently down 16c to $23.16 after the company announced plans to move forward with Capital Plan and will repurchase $1.16B in common stock. Overall option implied volatility of 27 is below its 26-week average of 37.

Chicago Board Options Exchange (CBOE), the largest U.S. options exchange and creator of listed options, continues to set the bar for options trading through product innovation, trading technology and investor education.

Legal & Other Links

CBOE

Options involve risk and are not suitable for all investors. Prior to buying or selling an option, a person must receive a copy of Characteristics and Risks of Standardized Options (ODD). Copies of the ODD are available from your broker, by calling 1-888-OPTIONS, or from The Options Clearing Corporation, One North Wacker Drive, Suite 500, Chicago, Illinois 60606. The information on this website is provided solely for general education and information purposes and therefore should not be considered complete, precise, or current. Many of the matters discussed are subject to detailed rules, regulations, and statutory provisions which should be referred to for additional detail and are subject to changes that may not be reflected in the website information. No statement within the website should be construed as a recommendation to buy or sell a security or to provide investment advice. The inclusion of non-CBOE advertisements on the website should not be construed as an endorsement or an indication of the value of any product, service, or website. The Terms and Conditions govern use of this website and use of this website will be deemed acceptance of those Terms and Conditions.